Identify the Primary Functions of the Following Entities as They

question 91

Essay

Identify the primary functions of the following entities as they relate to financial reporting by the federal government:
a) Office of Management and Budget
b) Department of Treasury
c) Government Accountability Office

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Definitions:

Code of Ethics

A set of principles and standards that guide the behavior of an individual or organization in a professional context.

Ethical Dilemma

A situation where a difficult choice has to be made between two or more conflicting moral principles.

Judgments

Assessments or opinions formed about something, not necessarily based on fact or knowledge.

Indisputable Facts

Information or statements that are accepted as true and cannot be argued against or disputed.